Here’s ESPN.com reporting that Melo will stick with the Knicks:
Carmelo Anthony has reached a deal to remain with the New York Knicks.
The team announced Sunday that it had re-signed Anthony, but did not disclose terms.
The contract will be for more than $122 million but less than the five-year, $129 million max figure, a source told ESPN The Magazine’s Chris Broussard on Saturday.
“After three months of questions around Carmelo Anthony’s return to the New York Knicks we are now happy to know that we have the cornerstone of what we envision as a ‘team of excellence,'” Knicks president Phil Jackson said in a statement. “… [Knicks general manager] Steve Mills and I have assured Carmelo through our conversations, that we share the vision and the determination to build this team.”